The Dollar weakening continues currently . The
live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, edged down 0.1% Friday despite the Bureau of Labor Statistics report showing US consumer price index for August rose 0.4% when a 0.3% growth was expected.
GBP/USD added to its losses Friday while
EUR/USD continued climbing as consumer prices fell in Germany 0.1% over month, in line with forecasts, while UK gross domestic product climbed 6.6% over month in July. Both pairs are higher currently.
AUD/USD reversed its sliding while
USD/JPY continued retreating Friday with both yen and Australian dollar higher against the greenback currently.